2 bedroom flat for sale

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2 bedroom flat for sale

High Street, Montrose, Angus, DD10
£49,000

Our Summary

  • This makes it an excellent investment opportunity with the potential for significant capital appreciation

Description

This exceptional two-bedroom apartment in Montrose town centre offers a rare investment opportunity. The property boasts high-quality finishes and ample natural light, and is currently tenanted below the current market rental value. The apartment is located in a traditional 19th-century town building and is situated in a vibrant and well-connected seaside town with easy access to amenities, public transport, and cultural attractions. The property is expected to see strong demand in the coming years due to investment in the port and Seagreen wind farm, making it an excellent investment opportunity with potential for significant capital appreciation. With a current gross yield of 9.80% and a gross yield market value of 12.86%, this property presents a strong return on investment. Additionally, purchasing the property alongside its neighbor could maximize returns.
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